07.02.2016
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This newsletter contains news to the following topics:
Vancouver Resource Investment Conference + Aguia Resources + Endeavour Silver + Eastmain Resources + EnWave + Falco Resources + Fission Uranium + GoldMining + Osisko Gold Royalties + Pershing Gold + Silvercorp Metals + Silver One Resources + Southern Lithium + Sulliden Mining + TerraX Minerals + Uranium Energy
Ladies and gentlemen,
with this SRC newsletter we would like to give you a short review over the most exciting companies of the Vancouver Resource Investment Conference, which happened at the end of January.
First of all, our personal impression: phenomenal! While there was some kind of sombre atmosphere, where one could hear his own echo in the conference hall last year, there was gold rush mood this year. In addition to that, we were able to meet several high-quality mining-companies, which we will highlight as follows:
Aguia Resources
Aguia Resources is an Australian company which is looking for phosphate in Brazil. 100% of the production would be consumed within a radius of only 400 kilometers around the project, which weans, that Aguia would have their clients right at its front door. The initial PEA showed an IRR of 25%. Aguias largest shareholder is Sulliden Mining.
Video: Aguia Resources: Developing Fertilizer Project in Brazil  

Endeavour Silver
A short time ago, Endeavour Silver provided 2017 production and cost guidance for its three producing mines in Mexico: the Guanaceví mine in Durango state and the Bolañitos and El Cubo mines in Guanajuato state. In 2017, the Company’s plan is to produce at slightly lower throughput and higher silver grades compared to 2016, resulting in similar silver production and slightly lower gold production forecasts. Endeavour plans to continue investing significantly in exploration and development programs to extend the existing mine lives and build new mines to fuel future growth. Silver production is expected to be in the range of 5.2-5.7 million ounces and gold production is expected be in the 50,000-53,000 ounces range. Silver equivalent production is forecast to be 8.9-9.7 million ounces using a 75:1 silver:gold ratio, as shown in the table below.
News: Endeavour Silver Provides Production and Cost Guidance for 2017   
Video: Endeavour Silver: "2017 Will be a Transformative Year Towards Growth"  
 
Eastmain Resources
Active in Northern Quebec, Eastmain Resources owns 11 projects, of which three are actively drilled. At the Clearwater Project, the company already outlined 1.58 million ounces of gold. In June 2017, Eastmain intends to publish a new resource estimate and a PEA afterwards. Currently, the company is working on a 63,000-meter drill campaign.
Video: Eastmain: Gold Exploration in Quebec - Huge Drill Program Under Way to Update Resource  
 
EnWave
EnWave has one clear goal for the future: The company wants to pay for itself only by the machine sales. The additional license fees could be fully or partly used as dividends for the shareholders. From this point of view, there seem to be excellent entrance chances for interested investors, especially as the business seems to fully start just now.
Video: EnWave: Increasing REV Sales & Royalty Streams in 2017  
 
Falco Resources
Falco Resources owns the Horne 5 Project, which showed AISC of only US$427 and an IRR of 16% in the last PEA. From 2020 on, the company plans to produce up to 240,000 ounces of gold per annum. In July 2017, the company would like to publish a feasibility study. Falco Resources is close to the strong Osisko group.
Video: Falco Resources: Feasibility Study Coming in July for World Class Gold Deposit  
 
Fission Uranium
A short time ago, Fission Uranium announced that the winter exploration drill program at its Patterson Lake South property in Canada's Athabasca Basin, will soon be underway. The 34-hole (10,105m) program is focused on making a new, near-surface, high-grade discovery on the expansive property, by targeting regional, high-priority hotspots identified during the summer program. Drilling, which is expected to start by the end of January, will also seek to grow the new shallow, high-grade zones at each end of the 2.63km mineralized trend, for possible inclusion in a future resource estimate update.
Video: Fission Uranium: "Everybody Is Watching The Uranium Spot Price Instead Of The Long Term Price"  
 
GoldMining
GoldMining, formerly Brazil Resources, was able to create a resource base of more than 18 million ounces. 25% of the outstanding shares are being hold by the management. The absolute specialty is, that the company is being listed under the distinctive symbol “GOLD” in Toronto. This and the fact, that the company holds an amount of 20 million dollars in cash, makes it a top-class leverage-investment for a newly gold-price upraising.
Video: GoldMining: "We are Building Leverage to Higher Gold Price"  
 
Osisko Gold Royalties
Developed from the old Osisko Mining, which has been acquired in 2014 by Agnico-Eagle and Yamana, Osisko Gold Royalties holds – amongst others – a 5% net-smelter-royalty from the Canadian Malartic Mine, which is presumed to be the largest gold mine in Canada. That meant some 38,000 ounces of gold for free in 2016! The company has about CA$500 million in cash and pays a dividend of CA$0.16 per annum.
Video: Osisko Gold Royalties: Over 50 Royalty Companies Signed - More to Come in 2017  
 
Pershing Gold
Pershing Gold is in touch to bring has Relief Canyon Mine back into production soon. The capital costs are the lowest in the peer group, with only US$12 million to US$22 million, depending of wether the company will produce itself or hiring a contractor. Sprott gives a 20-million-dollar loan, which gives Pershing all options to come to a positive production decision right after the publishment of a shortly coming pre-feasibility study.
Video: Pershing Gold: PFS & Production Decision Coming in Early 2017, Strong Cash Position  
 
Silvercorp Metals
Silvercorp Metals is a silver producer, which is working in China. There, the company produced more than 50 million ounces of silver plus 750 pounds of lead and zinc out of its six mines within the last ten years. Silvercorp has more than 100 million ounces as reserves and more than 150 million ounces as resources. More than 70,000 sqkm of licenses offer a huge exploration upside potential. Additional highlights: US$ 92 million in cash and all-in-cash-costs of only US$3.16 per ounce of silver. The pure cash costs are minus US$3.05 per ounce!
Video: Silvercorp Metals: Lowest Cost Silver Producer at 3$pOz in China  
News: SILVERCORP NET INCOME $30.2 MILLION, $0.18 PER SHARE, UP 284%
 
Silver One Resources
Silver One Resources is closely linked with Keith Neumeyer, who already made First Quantum, First Majestic Silver and First Mining Finance to real success stories. Silver One owns three silver projects in Mexico, whereof two projects were past producing and have a historic resource base. These projects together own some 20 million ounces of silver. A couple of days ago, the company was able to negotiate an option agreement with Silver Standard for the former producing Candelaria Mine. For only 4 million dollars, the company gets over 82 million ounces of silver (historical estimate).
Video: Silver One Resources: Signed Option Agreement to Acquire 100% of Historic Candelaria Silver Mine  
 
Southern Lithium
Southern Lithium is a lithium-developer with a main focus on Argentina. The flagship project Cruz is situated in the Argentinian province Salta and covers about 2,500 hectares. The company already knows, that there is lithium on the concession. For 2017 there are plans for drilling work on Cruz and for further acquisitions of top-class projects.
Video: Southern Lithium: Starting to Explore Cruz Deposit in Argentina  
 
Sulliden Mining
Sulliden Mining is currently working on its Troilus Gold Project. The final resource-model (2.7 million ounces of gold) is being established and there seem to be similarities with Agnico-Eagles Goldex project. Main goal is to sell the project and give the revenues to the shareholders. Furthermore, Sulliden Mining holds 17% of Aguia Resources.
Video: Sulliden Mining Capital: "There Are Going To Be Surprise Announcements in 2017"  
 
TerraX Minerals
A short time ago, TerraX Minerals announced that it has received a Land Use Permit for its wholly-owned Southbelt property at Yellowknife in the Northwest Territories. Drilling at Southbelt should commence around the end of February once access routes into the target areas have been completed. Terrax is planning to undertake 10,000 meters of drilling on the impressive surface exposures of gold bearing structures at Southbelt and a total of 17,000 meters. Good news for TerraX Minerals! After all, the company was able to report up to 33.6g/t gold from a sampling program a few weeks ago.
News: TerraX receives Land Use Permit for Southbelt and prepares for 17,000 meter drill program in 2017   
Video: TerraX Minerals: Aggressive Winter Drill Program Starting Soon  
 
Uranium Energy
With a suggesting rebound of the uranium price, Uranium Energy’s chances for a resumption of the production in the US are rising. Besides the former producing Palangana Mine, the company is also allowed to produce on the Goliad Project and on the recently approved Burke Hollow Project. The recently financed US$26 million plus Trumps presidency should give Uranium Energy a lot of backwind for the resumption of the uranium production.
Video: Uranium Energy: "2017 is Off to a Bright Start - UEC is Leading the Charge"
 
 
 
 
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Swiss Resource Capital AG and the authors of the Swiss Resource Capital AG directly own and/or indirectly own shares of the following companies which are described in this publication: Aguia Resources + Endeavour Silver + Eastmain Resources + EnWave + Falco Resources + Fission Uranium + GoldMining + Osisko Gold Royalties + Pershing Gold + Silvercorp Metals + Silver One Resources + Southern Lithium + Sulliden Mining + TerraX Minerals + Uranium Energy.
Swiss Resource Capital AG has closed IR consultant contracts with the following companies which are mentioned in this publication: Endeavour Silver + EnWave + Fission Uranium + GoldMining + Osisko Gold Royalties + Pershing Gold + Sulliden Mining + TerraX Minerals + Uranium Energy.

Not for use in the USA. Only the German original version is valid. No assurance for translation.  This is only for your information and no financial advise. German Disclaimer
 

Hinweis gemäß §34 WpHG (Deutschland) und gemäß § 48f Abs. 5 BörseG (Österreich) sowie Art. 620 bis 771 Obligatorenrecht (Schweiz) zu bestehenden Interessenskonflikten der Swiss Resource Capital AG und der Autoren der Swiss Resource Capital AG:
Sowohl die Swiss Resource Capital AG, als auch die Autoren der Swiss Resource Capital AG halten aktuell Aktien von Unternehmen, die in dieser Publikation erwähnt wurden. Es besteht somit ein Interessenskonflikt nach oben genannten Paragraphen. Ferner beabsichtigen sowohl die Swiss Resource Capital AG, als auch die Autoren der Swiss Resource Capital AG in naher Zukunft, sich von Aktienbeständen zu trennen und damit von steigenden Kursen und/oder erhöhter Liquidität der jeweiligen Aktie zu profitieren. Zudem behalten sich sowohl die Swiss Resource Capital AG, als auch die Autoren der Swiss Resource Capital AG vor, jederzeit Aktien von Unternehmen, die in dieser Publikation erwähnt wurden zu kaufen oder zu verkaufen, auch unabhängig von einer Berichterstattung in Publikationen der Swiss Resource Capital AG. Auch hieraus ergibt sich ein entsprechender Interessenskonflikt nach §34 WpHG (Deutschland) und gemäß § 48f Abs. 5 BörseG (Österreich) sowie gemäß Art. 620 bis 771 Obligatorenrecht (Schweiz).
Ferner machen wir darauf aufmerksam, dass die Swiss Resource Capital AG IR-Beratungsverträge (Übersetzungen, Organisieren von Roadshows, Unterstützung bei der Suche nach Investoren bei Kapitalerhöhungen etc.) mit, in dieser Ausgabe erwähnten Unternehmen geschlossen hat und daraus ebenfalls Interessenskonflikte nach §34 WpHG (Deutschland) und gemäß § 48f Abs. 5 BörseG (Österreich) sowie gemäß Art. 620 bis 771 Obligatorenrecht (Schweiz) bestehen.
 
Die Swiss Resource Capital AG sowie die Autoren der Swiss Resource Capital AG halten aktuell Aktien an folgenden, in dieser Ausgabe erwähnten Werten: Alabama Graphite, Altona Mining, Birimian Limited, Caledonia Mining, Endeavour Silver, EnWave, Fission Uranium, GoldMining Inc, Klondex Mines, MAG Silver, Pershing Gold, Rye Patch Gold, Sibanye Gold, Sierra Metals, Sulliden Mining, TerraX Minerals, Timmins Gold, Treasury Metals, Uranium Energy.

Die Swiss Resource Capital AG sowie die Autoren der Swiss Resource Capital AG halten aktuell Aktien an folgenden, in dieser Ausgabe erwähnten Werten: Aguia Resources + Endeavour Silver + Eastmain Resources + EnWave + Falco Resources + Fission Uranium + GoldMining + Osisko Gold Royalties + Pershing Gold + Silvercorp Metals + Silver One Resources + Southern Lithium + Sulliden Mining + TerraX Minerals + Uranium Energy.
Die Swiss Resource Capital AG hat mit folgenden, in dieser Ausgabe erwähnten Unternehmen IR-Beratungsverträge geschlossen: Endeavour Silver + EnWave + Fission Uranium + GoldMining + Osisko Gold Royalties + Pershing Gold + Sulliden Mining + TerraX Minerals + Uranium Energy.

Diese Publikation basiert auf den ausführlichen Risikohinweisen, Haftungsbeschränkungen und Disclaimern der Swiss Resource Capital AG, die hier eingesehen werden können:
Risikohinweis und Disclaimer SRC AG
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